
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InfraPPP IndiaThe Cabinet Committee on Economic Affairs cleared three highway projects on January 15th 2009. Of the 3, 1 highway project is of Andhra Pradesh and the remaining two are from Kerala.The first proposal is for 4 laning of Cuddapah-Mydukur-Kurnool section 167.75 kilometer to 356.03 kilometer of NH-18 in Andhra Pradesh under National Highways Development Project phase III B. The project involves an investment cost of INR 1754.12 crore ($350.8 million). The concession period is kept at 30 years.The second approval is for 4 laning of Walayar to Vadakkancherry section 182 kilometer to 240 kilometer in Kerala under NHDP phase II at an investment cost of INR 686.57 crore ($137.31 million).The third approval is for 6 laning of Vadakkancherry to Thrissur section 240 kilometer to 270 kilometer of NH-47 in Kerala under NHDP phase II at an investment cost of INR 643.52 crore ($128.7 million).See more @
InfraPPP India